Monster Beverage Corporation

NasdaqGS:MNST Stock Report

Market Cap: US$57.0b

Monster Beverage Valuation

Is MNST undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MNST when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$62.72
Fair Value
6.5% undervalued intrinsic discount
24
Number of Analysts

Below Fair Value: MNST ($58.67) is trading below our estimate of fair value ($62.72)

Significantly Below Fair Value: MNST is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MNST?

Key metric: As MNST is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MNST. This is calculated by dividing MNST's market cap by their current earnings.
What is MNST's PE Ratio?
PE Ratio37.8x
EarningsUS$1.51b
Market CapUS$57.02b

Price to Earnings Ratio vs Peers

How does MNST's PE Ratio compare to its peers?

The above table shows the PE ratio for MNST vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.6x
KDP Keurig Dr Pepper
31.1x11.4%US$46.8b
KOF Coca-Cola FEMSA. de
16.9x9.0%US$20.7b
PEP PepsiCo
19.5x7.5%US$185.5b
COKE Coca-Cola Consolidated
18.9xn/aUS$12.1b
MNST Monster Beverage
37.8x11.4%US$57.0b

Price-To-Earnings vs Peers: MNST is expensive based on its Price-To-Earnings Ratio (37.8x) compared to the peer average (21.6x).

Price to Earnings Ratio vs Industry

How does MNST's PE Ratio compare vs other companies in the North American Beverage Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
MNST 37.8xIndustry Avg. 18.1xNo. of Companies6PE01632486480+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MNST is expensive based on its Price-To-Earnings Ratio (37.8x) compared to the Global Beverage industry average (18.1x).

Price to Earnings Ratio vs Fair Ratio

What is MNST's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MNST PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio37.8x
Fair PE Ratio27.3x

Price-To-Earnings vs Fair Ratio: MNST is expensive based on its Price-To-Earnings Ratio (37.8x) compared to the estimated Fair Price-To-Earnings Ratio (27.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MNST forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$58.67
US$58.43
-0.4%
10.9%US$71.00US$47.00n/a24
Apr ’26US$59.04
US$56.47
-4.4%
10.0%US$64.00US$40.00n/a24
Mar ’26US$54.65
US$56.22
+2.9%
10.0%US$64.00US$40.00n/a24
Feb ’26US$48.71
US$55.17
+13.3%
9.8%US$64.00US$40.00n/a25
Jan ’26US$52.56
US$55.33
+5.3%
9.7%US$64.00US$40.00n/a25
Dec ’25US$55.13
US$55.29
+0.3%
9.3%US$63.00US$40.00n/a25
Nov ’25US$52.30
US$54.72
+4.6%
10.4%US$63.00US$40.00n/a25
Oct ’25US$51.59
US$54.60
+5.8%
10.6%US$63.00US$40.00n/a25
Sep ’25US$47.13
US$54.58
+15.8%
10.6%US$63.39US$40.00n/a25
Aug ’25US$51.38
US$58.66
+14.2%
10.0%US$70.00US$46.00n/a25
Jul ’25US$49.90
US$60.02
+20.3%
9.7%US$70.00US$46.00n/a26
Jun ’25US$51.92
US$62.18
+19.8%
8.6%US$70.00US$46.00n/a25
May ’25US$53.54
US$62.54
+16.8%
8.5%US$69.00US$46.00n/a25
Apr ’25US$57.74
US$63.90
+10.7%
6.3%US$69.00US$52.00US$59.0425
Mar ’25US$58.79
US$63.70
+8.3%
7.5%US$72.00US$50.00US$54.6525
Feb ’25US$55.94
US$62.86
+12.4%
7.4%US$72.00US$50.00US$48.7125
Jan ’25US$57.61
US$61.38
+6.5%
6.8%US$72.00US$50.00US$52.5625
Dec ’24US$55.22
US$61.10
+10.6%
6.9%US$72.00US$50.00US$55.1324
Nov ’24US$51.65
US$60.31
+16.8%
8.4%US$72.00US$48.00US$52.3024
Oct ’24US$52.95
US$62.51
+18.1%
7.0%US$72.00US$48.00US$51.5924
Sep ’24US$56.55
US$62.66
+10.8%
7.0%US$72.00US$48.00US$47.1324
Aug ’24US$57.71
US$62.04
+7.5%
6.8%US$67.00US$48.00US$51.3823
Jul ’24US$57.44
US$61.82
+7.6%
6.7%US$67.00US$48.00US$49.9023
Jun ’24US$59.36
US$61.34
+3.3%
6.7%US$67.00US$48.00US$51.9223
May ’24US$56.84
US$56.17
-1.2%
8.2%US$62.50US$43.00US$53.5423
Apr ’24US$54.01
US$54.92
+1.7%
8.5%US$62.50US$43.00US$57.7424
AnalystConsensusTarget
Consensus Narrative from 24 Analysts
US$58.43
Fair Value
0.4% overvalued intrinsic discount
24
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/25 21:49
End of Day Share Price 2025/04/25 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Monster Beverage Corporation is covered by 48 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
Ishan MajumdarBaptista Research
Andrew StrelzikBMO Capital Markets Equity Research